[Federal Register Volume 79, Number 11 (Thursday, January 16, 2014)]
[Notices]
[Page 2817]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2014-00707]


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DEPARTMENT OF COMMERCE

Bureau of Industry and Security


Proposed Information Collection; Comment Request; Five-Year 
Records Retention Requirement for Export Transactions and Boycott 
Actions

AGENCY: Bureau of Industry and Security, Commerce.

ACTION: Notice.

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SUMMARY: The Department of Commerce, as part of its continuing effort 
to reduce paperwork and respondent burden, invites the general public 
and other Federal agencies to take this opportunity to comment on 
proposed and/or continuing information collections, as required by the 
Paperwork Reduction Act of 1995.

DATES: Written comments must be submitted on or before March 17, 2014.

ADDRESSES: Direct all written comments to Jennifer Jessup, Departmental 
Paperwork Clearance Officer, Department of Commerce, Room 6616, 14th 
and Constitution Avenue NW., Washington, DC 20230 (or via the Internet 
at [email protected]).

FOR FURTHER INFORMATION CONTACT: Requests for additional information or 
copies of the information collection instrument and instructions should 
be directed to Larry Hall, BIS ICB Liaison, (202) 482-4895, 
[email protected].

SUPPLEMENTARY INFORMATION:

I. Abstract

    All parties involved in export transactions and the U.S. party 
involved in a boycott action are required to maintain records of these 
activities for a period of five years. These records can include 
memoranda, correspondence, contracts, invitations to bid, books of 
account, financial records, restrictive trade practice or boycott 
documents and reports. The five-year record retention period 
corresponds with the five-year statute of limitations for criminal 
actions brought under the Export Administration Act of 1979 and 
predecessor acts, and the five-year statute for administrative 
compliance proceedings. Without this authority, potential violators 
could discard records demonstrating violations of the Export 
Administration Regulations prior to the expiration of the five-year 
statute of limitations.

II. Method of Collection

    No information is provided to BIS.

III. Data

    OMB Control Number: 0694-0096.
    Form Number(s): N/A.
    Type of Review: Regular submission.
    Affected Public: Business or other for-profit organizations.
    Estimated Number of Respondents: 184,800,892.
    Estimated Time per Response: 1 second to 1 minute.
    Estimated Total Annual Burden Hours: 528.
    Estimated Total Annual Cost to Public: $0.

IV. Request for Comments

    Comments are invited on: (a) Whether the proposed collection of 
information is necessary for the proper performance of the functions of 
the agency, including whether the information shall have practical 
utility; (b) the accuracy of the agency's estimate of the burden 
(including hours and cost) of the proposed collection of information; 
(c) ways to enhance the quality, utility, and clarity of the 
information to be collected; and (d) ways to minimize the burden of the 
collection of information on respondents, including through the use of 
automated collection techniques or other forms of information 
technology.
    Comments submitted in response to this notice will be summarized 
and/or included in the request for OMB approval of this information 
collection; they also will become a matter of public record.

    Dated: January 10, 2014.
Gwellnar Banks,
Management Analyst, Office of the Chief Information Officer.
[FR Doc. 2014-00707 Filed 1-15-14; 8:45 am]
BILLING CODE 3510-33-P